May 23, 2025
Global insurer American International Group (AIG) has reached an out of court settlement of its legal dispute with the excess and surplus insurance firm Dellwood that was started by former AIG executives. In a filing in federal district court in Read more…
COVU, Inc., an AI-native customer servicing platform for the insurance industry announced the acquisition of Uno Insurance Services, a fast-growing Texas-based agency with a stronghold in Houston’s Spanish-speaking communities and a track record of revenue growth through targeted acquisitions. This Read more…
BMS Group, the London-based independent re/insurance broker, has acquired Istanbul, Turkey-based Oria Sigorta ve Reasürans Brokerliği A.Ş. Financial details were not provided. Founded in 2019, Oria is an independent insurance and reinsurance broking firm that has built a strong reputation Read more…
Former major league outfielder/first baseman Darin Ruf is suing the Cincinnati Reds for damages after he suffered a career-ending injury while crashing into an uncovered tarp roller at Great American Ballpark two years ago. The lawsuit filed Thursday in the Read more…
Texas regulators are warning that wastewater from fracking in the biggest US oil basin is causing a “widespread” increase in underground pressure — a development that risks hindering crude output and harming the environment. Shale oil wells in the Permian Read more…
The Missouri Department of Commerce and Insurance released preliminary uninsured estimates for properties in the St. Louis in response to the F3 tornado that struck the region on Friday, May 16. DCI Department Director Angela Nelson said the department collects Read more…
Polish Prime Minister Donald Tusk warned on Thursday that the Baltic Sea is becoming “a new area of confrontation” with Russia, putting the country’s critical infrastructure increasingly at risk. His warning comes a day after Polish authorities said a sanctioned Read more…
At least four people died and thousands are without power as severe storms lashed Australia’s most populous state. Large swaths of New South Wales state remain on high alert for floods and extreme weather. Heavy rainfall is expected to continue Read more…
A federal judge on Wednesday rejected arguments made by an artificial intelligence company that its chatbots are protected by the First Amendment — at least for now. The developers behind Character.AI are seeking to dismiss a lawsuit alleging the company’s Read more…
A crime victim will need a deep bench when responding to a cyber incident. While the role of brokers, privacy counsel and forensic investigators is well understood, the contribution of insurance claim professionals cannot be overlooked. A victim may have Read more…